Much criticism has been levied at the tech giant in recent years, with market players accusing Google of abusing competition practices and behaving like a monopoly. Google will allow developers on its Play app store to offer direct payment options to users to settle an antitrust case in the latest regulatory row over the tech giant’s practices. It will also pay $700m as part of the lawsuit, which was brought by a group of US states. The tech giant was also accused of overcharging customers through unnecessary fees for in-app transactions. The settlement proposed that Google should pay $630m into a fund for consumers and $70m into a fund that will be used by states. What is your take on Technology monopolization, does it kill innovations ?
